Overview / Commentary
Genuine Parts Credit Union is headquartered in Norcross and is the 66th largest credit union in the state of Georgia. It is also the 3,857th largest credit union in the nation. It was established in 1937 and as of March of 2020, it had grown to 3 employees and 1,491 members at 1 location. Genuine Parts Credit Union's savings rates are 2X the national average, and it has a B+ health rating.
Field of Membership Restrictions
Genuine Parts Credit Union is open to the employees of Genuine Parts Company who have completed at least three months of full-time service or six months of part-time service
See current membership details
Health
B+
Data as of Q1 2020
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Genuine Parts Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 67382 |
| Year Chartered | 1937 |
| Employees | 3 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.36% |
| Return on Equity - YTD | 1.57% |
| Annual Interest Income | $165.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2020vs Q1 2019 | $11.7MM$10.4MM |
| Loans | Q1 2020vs Q1 2019 | $3.5MM$3.6MM |
| Deposits | Q1 2020vs Q1 2019 | $8.5MM$7.6MM |
| Equity Capital | Q1 2020vs Q1 2019 | $2.5MM$2.5MM |
| Loan Loss Allowance | Q1 2020vs Q1 2019 | $92.00K$71.00K |
| Unbacked Noncurrent Loans | Q1 2020vs Q1 2019 | $45.00K$6.00K |
| Real Estate Owned | Q1 2020vs Q1 2019 | $0$0 |